HomeMy WebLinkAboutL_Title_Report_170920_v1SUBDIVISION
Guarantee/Certificate Number:
Issued By:
0095915-ETU - THIRD
Subdivision Guarantee/Certificate Printed: 11.28.17 @ 09:08 AM
Page 1 WA-CT-FNSE-02150.622475-SPS-1-17-0095915-ETU
CHICAGO TITLE INSURANCE COMPANY
a corporation, herein called the Company
GUARANTEES
Harbour Homes, LLC , a Washington limited liablility company, their successors and/or assigns
herein called the Assured, against actual loss not exceeding the liability amount stated in Schedule A which the Assured
shall sustain by reason of any incorrectness in the assurances set forth in Schedule A.
LIABILITY EXCLUSIONS AND LIMITATIONS
1. No guarantee is given nor liability assumed with respect to the identity of any party named or referred to in Schedule A
or with respect to the validity, legal effect or priority of any matter shown therein.
2. The Company’s liability hereunder shall be limited to the amount of actual loss sustained by the Assured because of
reliance upon the assurance herein set forth, but in no event shall the Company’s liability exceed the liability amount
set forth in Schedule A.
Please note carefully the liability exclusions and limitations and the specific assurances afforded by this guarantee. If you
wish additional liability, or assurances other than as contained herein, please contact the Company for further information
as to the availability and cost.
Chicago Title Company of Washington
10500 NE 8th St., Suite 600
Bellevue, WA 98004
Chicago Title Insurance Company
By:
Countersigned By:
Authorized Officer or Agent
President
Attest:
Secretary
Subdivision Guarantee/Certificate Printed: 11.28.17 @ 09:08 AM
Page 2 WA-CT-FNSE-02150.622475-SPS-1-17-0095915-ETU
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO.0095915-ETU
- THIRD
ISSUING OFFICE:
Title Officer: Eastside Title Unit
Chicago Title Company of Washington
10500 NE 8th St., Suite 600
Bellevue, WA 98004
Main Phone: (425)646-9883
Email: CTIBellevueETU@ctt.com
SCHEDULE A
Liability Premium Tax
$1,000.00 $350.00 $35.00
Effective Date: November 20, 2017 at 08:00 AM
The assurances referred to on the face page are:
That, according to those public records which, under the recording laws, impart constructive notice of matter relative to
the following described property:
SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
Title to said real property is vested in:
Harbour Homes, LLC, a Washington limited liability company
subject to the matters shown below under Exceptions, which Exceptions are not necessarily shown in the order of their
priority.
END OF SCHEDULE A
EXHIBIT "A"
Legal Description
Subdivision Guarantee/Certificate Printed: 11.28.17 @ 09:08 AM
Page 3 WA-CT-FNSE-02150.622475-SPS-1-17-0095915-ETU
For APN/Parcel ID(s):322305-9097-05
THE NORTH HALF OF THE NORTH HALF OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF
THE SOUTHWEST QUARTER OF SECTION 32, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY,
WASHINGTON;
EXCEPT PORTION LYING THEREOF WITHIN 102ND AVENUE S.E. RIGHT OF WAY.
SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON.
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO.0095915-ETU
- THIRD
SCHEDULE B
Subdivision Guarantee/Certificate Printed: 11.28.17 @ 09:08 AM
Page 4 WA-CT-FNSE-02150.622475-SPS-1-17-0095915-ETU
GENERAL EXCEPTIONS:
H. Reservations and exceptions in United States Patents or in Acts authorizing the issuance thereof.
SPECIAL EXCEPTIONS:
1.Reservations of oil, coal, gas and minerals and/or mineral rights of any nature, and right of entry to explore same,
contained in the deed
Grantor: Pacific Coast Coal Company
Recording Date: January 30, 1945
Recording No.: 3444206
Said instrument is a re-record of the instrument reocorded under Recording No. 3377621.
2.Agreement and the terms and conditions thereof:
Executed by: KBS III, LLC, a Washington limited liability company
And: Justin M. Roy and Lauren R. Roy, husband and wife
Recording Date: October 28, 2015
Recording No.: 20151028000584
Regarding: Covenant and agreement regarding boundary line fence installation
3.General and special taxes and charges, payable February 15, delinquent if first half unpaid on May 1, second half
delinquent if unpaid on November 1 of the tax year (amounts do not include interest and penalties):
Year: 2017
Tax Account Number: 322305-9097-05
Levy Code: 2128
Assessed Value-Land: $299,000.00
Assessed Value-Improvements: $183,000.00
General and Special Taxes: Billed: $6,505.61
Paid: $6,505.61
Unpaid: $0.00
4.A deed of trust to secure an indebtedness in the amount shown below,
Amount: $15,000,000.00
Dated: August 25, 2016
Trustor/Grantor: Harbour Homes, LLC, a Washington limited liability company
Trustee: Chicago Title Insurance Company
Beneficiary: U.S. Bank National Association, d/b/a Housing Capital Company
Recording Date: September 9, 2016
Recording No.: 20160909000717
CHICAGO TITLE INSURANCE COMPANY
GUARANTEE/CERTIFICATE NO.0095915-ETU
- THIRD
SCHEDULE B
(continued)
Subdivision Guarantee/Certificate Printed: 11.28.17 @ 09:09 AM
Page 5 WA-CT-FNSE-02150.622475-SPS-1-17-0095915-ETU
Affects: The herein described Land and other land.
The Deed of Trust set forth above is purported to be a "Credit Line" Deed of Trust. It is a requirement that the
Trustor/Grantor of said Deed of Trust provide written authorization to close said credit line account to the Lender
when the Deed of Trust is being paid off through the Company or other Settlement/Escrow Agent or provide a
satisfactory subordination of this Deed of Trust to the proposed Deed of Trust to be recorded at closing.
Said Deed of Trust was amended under the instrument recorded under Recording No. 20161114001107.
END OF EXCEPTIONS
NOTES
The following matters will not be listed as Special Exceptions in Schedule B of the policy. There will be no coverage for
loss arising by reason of the matters listed below because these matters are either excepted or excluded from coverage or
are not matters covered under the insuring provisions of the policy.
Note A:Note: FOR INFORMATIONAL PURPOSES ONLY:
The following may be used as an abbreviated legal description on the documents to be recorded, per
Amended RCW 65.04.045. Said abbreviated legal description is not a substitute for a complete legal
description within the body of the document:
PTN. SEC. 32-23-5E, W.M.
Tax Account No.: 322305-9097-05
Note B:Note: The Public Records indicate that the address of the improvement located on said Land is as
follows:
4909 Main Avenue South
Renton, WA 98055
END OF NOTES
END OF SCHEDULE B